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| JULY 12, 2001 |
Shipping News
- Asean ports urged to diversify, form alliances
ASEAN ports will have to expand their core business and form port alliances to weather the global economic slowdown, said an Asean Ports Association committee member at its recent meeting in Penang.
- LevelSeas launches trading software
- S'pore emerges tops in maritime law competition
Air and Land Transport
- Cathay restores some flights, no end to dispute in sight
HONG Kong's de facto flag carrier Cathay Pacific Airways said yesterday that it would restore some suspended flights as a 'work-to-rule' by its pilots entered its ninth day with no resolution of the bitter dispute in sight.
- Seoul to amend flight safety laws to meet US demand
- Qantas expected to sell A$550m catering unit to stem sliding profits
- Chinese airlines ask for free fare pricing
- ANA to resume flights to KL airport
- No plan to break up US Air despite collapse of takeover
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| JULY 12, 2001 |
- Tankers get a boost
Iraq's decision to end a five-week freeze on oil exports will provide work for idle tankers, but shipbrokers rule out an early jump in desiccated freight rates.
- Fesco to exit trans-Pacific trade
The Russia-based line is reducing its presence in the brutally competitive eastbound arena.
- ShipLogix acquires nPassage assets
The Internet-based transportation management system will fold nPassage's technology into its own.
- ICTSI invests in Brazil terminal
The Philippines' largest container terminal operator will invest $60 million in the Port of Suape.
- CSX boosts earnings forecast
- Danzas unit wins Caterpillar footwear deal
- Cathay resumes canceled flights
- Canada approves CN-WCTC deal
- Pakistan offers incentives to boost shipping
- USF Worldwide managing parts for Boeing, RAF
- WSC supports USCG charterer move
- FMC wants high court review of S.C. discrimination case
- Yang Ming's U.S. agent names Wu president
- Korea yards brace for EU action
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| JULY 12, 2001 |
- Maersk logistics opens new facility in Chesapeake
- New INDFEX service for Asia
- CRC Logistics won GEP bid
- New container wharf in Beihai
- APL links Caribbean to Central, South America
- New DCL sales manager
- China Southern Airlines' US to China cargo boost
- Mexicana adds routes to western Canada
- Toby Bright new Boeing VP of business and marketing
- Fracht AG moves office
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| JULY 11, 2001 |
- Cathay Pacific operates more flights
- 'We won't break it up, if you might think so'
- More rate increases US road transport
- More flights KLM and China Southern
- Profit for Aeroflot
- Rotterdam Port less tied to the city council
- Kintetsu opens in Amsterdam
- G-Log software for BDP International
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| JULY 12, 2001 |
- IIFT study lays emphasis on devising means to boost exports of high-value products
- EU takes exception to India’s high duties on liquor imports
- Further reduction in wheat export price on cards, says Minister
- Footwear exports take rapid strides
- 20 lakh tonnes of wheat for millers to export
- Cochin Port logs 19 pc rise in container traffic
- Gateway Distriparks launches Rs 26-crore phase-3 expansion plan
- IWTAI to increase use of waterways
- Good monsoon will lift GDP growth to 6.3 pc: CMIE
- Spices Board project lays stress on value-added exports
- Mining gear imports from UK likely: Minister
- Prices of rice, wheat slashed for above poverty line people
- Cabinet clears customs, excise depts recast plan
- Incentives for pharma R&D assured
- STPI to develop $ 100-m Cyber City in Mauritius
- CII to hold interactive meet with Bangladesh EPZ Assn members on July 25
- Dairy Expo at WTC in November
- New office-bearers of Exim Club, Ahmedabad
- Website opened for firms to access US market
- Trade Queries Answered
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| JULY 11, 2001 |
- Cape Town congested after bad weather, Richards Bay avails improved
- Prices from African ports and the Canaries
- Resupply due in Fujairah, KPC reports good avails
- Restricted bunker avails at Port Said
- New posted prices for Saudi Arabia
- US crude stocks increased against expectations
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| JULY 11, 2001 |
- Singapore Cargo is born
- «K» Line Pte Ltd (KLPL) founded
- Conterm with Transcial Trade
- Verband Deutscher Reeder welcomes grants
- Uniglory launches «Uni-Prosper»
- Privatization strategy for SCI
- Container charter market
- Containers and dredging the Elbe have brought success to HHLA
- First transit agreement with Romania
- Joint venture for «Galileo»
- Inland shipping freight market, week 27, 2nd/6th July, 2001
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| JULY 11, 2001 |
- Bollinger delivers Wes Bordelon
Bollinger Shipyards, Inc., Lockport, La., has delivered the 145-foot supply/utility boat WES BORDELON
- Big floating dock starts long tow
The ex Portland Dock # 4, now the Grand Bahama Shipyard Dock # 2, has departed Portland Oregon bound for its new home at the Grand Bahama Shipyard Ltd. in Freeport, Grand Bahama.
- European Commission to probe Dutch inland waterway operators subsidies
The European Commission decided today to open a formal investigation of the maritime transport aid granted to Dutch tugboat operations on inland waterways and in ports.
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| JULY 11, 2001 |
- Suspicious luggage closes down Portland International Airport
- APL adds Central and South America to Atlantic service for westbound and eastbound cargoes
- Port Seattle and other Puget Sound agencies plan to use 'clean diesel technology'
- Coast Guard Cutter ADELIE sails from New Orleans to new home in Port Angeles
- Port of Tacoma budgets $190,000 to evaluate port structures due to 6.8 earthquake in February
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| JULY 12, 2001 |
- Extension of ICS Contract Angers TRA, Importers
- KPA Talks in Kampala
- New Talks on Kampala to Durban Rail Link
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| JULY 12, 2001 |
- Petrobras in $1bn fleet renewal spree
PETROBRAS transport and pipeline subsidiary Transpetro has unveiled a massive $1bn fleet renewal programme for the next four years. The state-run oil and gas giant is to add to its fleet by...
- Baltic clampdown on data abuse
DRASTIC measures are being employed by the Baltic Exchange in an attempt to stop charterers and owners using its information to cut shipbrokers out of deals. Restrictions are to be imposed...
- Hutchison gains approval for Yantian port extension
HUTCHISON Port Holdings has won Beijing’s official blessing to extend the bustling Yantian port into a third phase of development. The news ends months of speculation that China was t...
- Kitching hopes website will win back business
AT the Baltic Exchange’s general meeting yesterday shipbrokers reacted favourably towards the exchange’s plans to restrict its data distribution, and developments on the new e-platform,...
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| JULY 11, 2001 |
- World Fuel settles lawsuit
- Charleston plans spark row
- Baltic restricts data to subscribers
- Brazil batters US bean exports
- SCI sailings hit by overtime spat
- Chowgule plans Panamax disposals
- Central America seeks nuclear ban
- HK again hit by surcharge dispute
- Competing guidelines for breakers
- China told to prepare for oil spills
- November launch for ICTSI in Suape
- Minister's sacking leads to crisis
- Industrial group buys Ventanas
- Pakistan unveils recovery plan
- Korean newbuilding orders fall
- Carnival keeps faith with Jamaica
- Thailand launches dredger probe
- 30 saved from Vietnamese vessel
- Fugitive official arrested on ferry
- Fire cripples car carrier
- Funding agreed for Orkney terminal
- Nigeria to resume tanker checks
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| JULY 12, 2001 |
- Les Transports Jean Vincent ont été mis sous concordat
Le tribunal de commerce d’Eupen a accordé vendredi dernier la mise sous concordat judiciaire des Transports Jean Vincent. C’est ce que vient annoncé cette société, filiale belge du groupe français Synchrony, dans un communiqué. La maison-mère, rappelons-le, a elle-même été placée en concordat judiciaire en avril. Les difficultés de Jean Vincent sont dues aux problèmes qu’a connus le secteur l’année passée, et bien sûr aux retombées des difficultés de Synchrony Logistique. Raymond Robeers, directeur de la société belge, nous a toutefois déclaré qu’il prévoit qu’elle redeviendra bénéficiaire dans le courant du deuxième semestre déjà.
- MOL compte sur le service “Dragon Express” pour une desserte complète de la Chine
Profitant du démarrage ces dernières semaines du quatrième loop Europe du Nord - Asie du groupe The New World Alliance (TNWA), dont il est membre, l’armement MOL présentait ce matin à Londres, ainsi qu’ à sa clientèle européenne son nouveau service appelé “The Dragon Express”, qui doit lui permettre une desserte très complète de la Chine.
- Afru Log propose des services logistiques sous température contrôlée sur la Rive gauche anversoise
Un nouveau complexe sera mis en service sur la Rive gauche anversoise à la fin de la semaine. Afru Log, un partenariat entre le manutentionnaire anversois Luiknatie (44%), le grossiste en fruits Goossens (44%) et l’expéditeur anversois Falcon (12%) disposera alors d’un complexe d’entreposage sous température contrôlée de 16.000 m2avec bureaux. Luiknatie procède de la sorte à une nouvelle diversification vers un marché de niche.
- Le groupe d’expédition Comexas Benelux reprend Air Cargo Services
L’entreprise d’expédition anversoise Comexas Benelux, qui est opérationnelle depuis janvier 1992, a repris la firme d’expédition et de logistique Air Cargo Services (ACS). Grâce à l’acquisition, les deux entreprises coopéreront à l’avenir plus étroitement. A l’heure actuelle, l’harmonisation interne des deux entreprises est une priorité.
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| JULY 11, 2001 |
Maritime Contract News
- Cammell Laird Axes 187 More Jobs
Breaking News
- Orders at South Korean Yards Down 36.9 Percent
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| JULY 11, 2001 |
- BG seeks five LNG carriers
UK energy group BG is closing on an LNG newbuilding, but one vessel is unlikely to satisfy its hunger for tonnage.
- Cammell receivers swing axe again
Nearly 200 jobs are going at struggling UK shipbuilder Cammell Laird.
- Russians form new Caspian shipping company
North-Western Shipping and other Russian investors have founded a new dry cargo shipowner in Astrakhan.
- Pakistan budget favours shipowners
Owners in Pakistan have been waiting for these promised tax breaks to buy in tonnage.
- Baltic to restrict route index data
London's Baltic Exchange is defending its position and pushing its online trading system.
- Electronic trading comes to the Baltic
New Baltic chief Peter Kitching talks up balticexchange.com
- Spitsbergen enters panamax era
No sign of green campaigners as Atle Jebsen bulker begins loading coal.
- Canada Steamship buys two bulkers
Montreal-based Canada Steamship has boosted its fleet with two 40-year old plus gearless bulk carriers.
- SPaP to be offered for sale in October
Sell-off of state-owned shipping company is back on, after Slovakian government scrapped previous attempt.
- EBRD could enter Lasco sell-off equation
The European Bank for Reconstruction and Development could be ready to invest in Latvian Shipping Co.
- Tirrenia gears up to grow
Italian ferry operator Tirrenia di Navigazione plans to cut its state ties, stocklist, and expand its fleet.
- Precious trims fleet again
The Thai shipowner has sold another old bulker for demolition.
- Korean yards see record first half exports
Ship exports seen in the first half of 2001 reach $5.7bn. But new orders fall one-third.
- Cho Yang looks to restore European trade
Receiver Soon Bae is touring Europe and Singapore to try to rebuild the company's sales network.
- Car carrier docks in Wales after engine fire
The UECC vessel Autopremier has been towed to safety after crew extinguished an engine room blaze.
- Pan United wins offshore newbuilding deal
Singapore yard to design and build maintenance-cum-work vessel for regional operator.
- Vosco ship sinks in Bay of Bengal
Indian coastguards have rescued 30 crew from a sunken Vietnam Ocean Shipping Co vessel.
- Celebrity set for first UK call
US cruise line set for UK debut in 2002 European season.
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